Polaris Industries, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012
For the full year, sales were $3,209,782,000 against $2,656,949,000 a year ago. Operating income was $478,425,000 against $349,924,000 a year ago. Income before income taxes was $479,843,000 against $346,626,000 a year ago. Net income was $312,310,000 or $4.40 per share against $227,575,000 or $3.20 per share a year ago. Net cash provided by operating activities was $416,115,000 against $302,530,000 a year ago. Purchase of property and equipment was $103,083,000 against $84,484,000 a year ago. The increase in net cash provided by operating activities for the 2012 period was due primarily to the increase in net income and improved working capital.